SIMED chooses Montreal developer’s insurance software

New software platform to replace medical liability insurer’s legacy applications

SIMED chooses Montreal developer’s insurance software

Insurance News

By Lyle Adriano

Montreal-based insurance software developer Oceanwide announced yesterday that SIMED, a major insurer of medical professional liability for physicians in Puerto Rico, has chosen Oceanwide’s Bridge Insurance Software Suite to support its business.

“Bridge will allow SIMED to improve processes and workflow to gain efficiencies, enhance customer service, and support its value creation initiatives,” a release said.

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The insurer wanted to replace its multiple systems with a single, integrated solution for more efficiency and business partner integration.

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“The configurability of Bridge was a key factor in our decision along with the depth of SaaS experience and expertise on the Oceanwide team,” said SIMED president Agustin Montalvo. “With Bridge, our team will be able to maintain our products and our agent portal that will be available in both Spanish and English.”

“We’re excited to have SIMED as our newest customer,” Oceanwide CEO Mitchell Wasserman detailed in a statement. “This is our first implementation of medical professional liability, showing the range and flexibility of Bridge. We are delighted to add our first insurer in Puerto Rico.”


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